Intersnack has acquired KP Snacks from The Blackstone Group and PAI partners portfolio company United Biscuits, in a deal reportedly worth around £500m.
Deal marks a partial sale for the US-based private equity house after a three-year holding period
Postgraduate student loans company also secured a $200m debt facility as part of the deal
Fundraising figures from unquote" data point towards a record year for UK-based managers, following the post-crisis peak reached in 2016
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